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Show Notes
In episode #11, I address COGS vs Operating Expenses (OpEx). The coding between COGS and OpEx is critical. It requires a proper department structure and chart of accounts. Mess this up and your margins and metrics will be incorrect.
- What is COGS?
- What is OpEx?
- CS coding addressed in episode #10
- Proper coding for gross margins; sets us up for margins by revenue stream
- Proper coding for OpEx investment profile
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